$BTC /USDT ANALYSIS
Bitcoin is currently consolidating within a descending broadening wedge pattern, trading just below the resistance trendline. The Ichimoku Cloud and 100MA are providing strong support.
A decisive breakout above the wedge could signal the start of another bullish rally. However, there's also a risk of a downward move from this level, so it's crucial to closely monitor the price action around these key levels for confirmation.
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